Moncler not in talks to take over Burberry, sources say
3 days ago · LONDON/MILAN, Nov 11 (Reuters) - Italy's Moncler <MONC.MI> is not in talks to take over Burberry (BRBY.L), opens new tab, four sources close to the matter said on Monday in response to a report by ...
Moncler not in talks to take over Burberry, sources say - Yahoo …
3 days ago · LONDON/MILAN (Reuters) -Italy's Moncler is not in talks to take over Burberry , four sources close to the matter said on Monday in response to a report by Britain's Mail on Sunday that a bid by ...
Burberry braced for Moncler takeover as staff given heads up
3 days ago · BBRYF. Luxury fashion house Burberry is braced to be taken over by Italian company Moncler amid staff at one of its flagship London stores being given a heads up on the deal, according to reports. Rumours began to circulate last week that the listed brand was set for a takeover by the skiwear maker, but both firms declined to comment on the news.
Moncler Not in Talks to Take Over Burberry, Sources Say
2 days ago · Italy’s Moncler is not in talks to take over Burberry, four sources close to the matter said on Monday in response to a report by Britain’s Mail on Sunday that a bid by Moncler was imminent. Shares in the British luxury brand reversed course after the Reuters report, and were last down 2.2 percent. The stock was up more than 3 percent early ...
Burberry's Strategy Under New CEO in Focus as Turnaround …
1 day ago · Moncler's CEO Remo Ruffini could potentially replicate Moncler's turnaround success at Burberry, Zhang added. ... Dow Jones Newswires is a market-moving financial and business news source, used by ...
New sources suggest Moncler not in talks for Burberry takeover
2 days ago · A new report has suggested that Italian outerwear specialist Moncler is not in talks to take over British heritage brand Burberry. This is according to Reuters, which cited four sources close to the matter responding to prior media speculation.. Rumours of the alleged acquisition talks began circulating earlier this month when industry blog Miss Tweed reported “growing industry chatter ...
Op-Ed | Moncler Can Keep Itself Warm With Potential Burberry Bid
07 November 2024. BoF PROFESSIONAL. The days are getting colder — in Europe at least. Perhaps a black, white, tan and red down jacket will keep Burberry Group Plc investors warm. Moncler SpA, best known for its padded coats, is considering a bid for the British company famous for its distinctive check pattern, according to luxury publication ...
Burberry shares jump on Moncler bid report | Reuters
MILAN, Nov 4 (Reuters) - Shares in Burberry (BRBY.L) rose as much as 8% on Monday after website Miss Tweed reported that Italy's Moncler (MONC.MI) was considering a bid for the London-listed ...
Explainer: How likely is a Moncler-Burberry merger?
Nov 5, 2024 · Rumour has it Italian luxury fashion brand Moncler is weighing a bid for UK luxury fashion house Burberry. Just Style investigates the rationale behind a potential deal. GlobalData senior apparel analyst Louise Deglise-Favre says rumours of a takeover are “inevitable” given the precarious position Burberry finds itself in at present.
Is Moncler taking over Burberry? - fashionunited.com
Nov 4, 2024 · Moncler, meanwhile, could be a strong suitor for a Burberry bid. The company has garnered backing from French luxury giant LVMH, which had snapped up a 10 percent stake in Double R, an investment vehicle controlled by Ruffini Partecipazioni Holding, the firm of Moncler’s CEO Remo Ruffini that holds a 15.8 percent stake in the brand.
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